![]() "In 2017, we had 60 applications of which 18 were invited to pitch and five were eventually picked for the programme.” This is the second year HLB is rolling out the programme following the positive response and impact from the 2017 HLB Launchpad. "The winners will be selected based on team strength, product viability, synergy with HLB, and the degree of innovation and commercial traction," says Fuda. ![]() Additionally, the participating startups also stand a chance of receiving up to RM2.5 million (US$613,350) in equity funding from the early-stage startup fund, Cradle. Group managing director and CEO of HLB, Domenic Fuda says, "By cultivating the best minds and collaborating with like-minded partners, we are able to transform our organisation faster - from the way we work, the way we empower our communities and business partners and most importantly, the way we serve and engage with our customers."Īt the end of the programme, three winners will be selected - one grand prize of RM50,000 (US$12,267) and two runner ups with RM25,000 each (US$6,134). For fintechs wanting a break in the financial services industry, the HLB Launchpad 2018: ACTIVATE provides startups with mentoring and funding opportunities. Open to working with more Series A startups with traction and scalabilityĪPPLICATIONS for Hong Leong Bank's (HLB) startup programme are ending on Aug 17.Incorporated solutions from last year’s startups Kakitangan, Biztory, Capital Bay. ![]()
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